Grants For Women logo

The Online Guide To Women Grants,
Funding, Scholarships, and More!
Home What Are Grants? Opportunities Types of Grants How To Apply News/ Blog

  THE FUNDING FOR WOMEN BLOG  

Friday, August 26, 2016

Wisconsin Has $1.2 Million to Invest in Businesses Owned by Women and Minorities

wisconsin_invests_in_businesses_owned_by_women
Wisconsin-based non-profit, Doyenne Group, will be supporting businesses owned by women and minorities with a newly-created fund, the Evergreen Fund. The fund already has $1.2 million to invest in Wisconsin businesses owned by women and people of color.

Donations from the city of Madison and from corporations have enabled the Evergreen Fund to accumulate $1.2 million to support businesses in the state that are owned by women and minorities. Money from the fund will be used for grants, loans, and angel investments.

The fund's co-founder, Heather Wentler, explained that businesses owned by women and minorities need help with funding because they are often not taken seriously. This does not mean these businesses are any less qualified than those owned by mainstream entrepreneurs. It means these businesses often need a boost in order to level the playing field when it comes to asking for an investment.

Applications for grants will begin in the Fall.

Read more by visiting www.wpr.org/wisconsin-grant-looks-boost-businesses-run-women-and-minorities


SHARE THIS PAGE: